Client Services-Fees and Models
Retained Search
ACT Search is your single source for your recruiting assignment. As this is a consultative approach, we meet with your executive team, structure our agreement in terms of fees, payments and objectives, discuss the position, title, requirements, and compensation and learn about your competition, advantages and value proposition.
We then initiate and conduct a detailed search involving extensive research, conducting detailed in-depth interviews with qualified candidates, checking references filtering and assessing skills, personality, leadership attributes, motivation and performance, to present three (3) qualified hires and two (2) alternate candidates.
From our initial client meeting to the completed search assignment generally requires 90 days and clear concise interaction with our clients executive team.
Contained Search
This is a hybrid model employing features and benefits of both contingency and retained search. ACTSearch is your exclusive captive recruiter (no second sourcing from another external recruiter) no associated upfront fees and require direct access your internal hiring authorities..
This model can be commission/fee based or a combination of Reduced Fee/Stock basis (for Pre-IPO's). In the latter, the value is in the shared risk/stock reward and reduced fee to keep the burn rate associated with hiring low.
Contingency Search
This is the most common and highly available search agreement between Recruiting/Staffing firms and Clients. It is a fee based model paid to the staffing firm from the resulting hire.
ACTSearch performs as one of your preferred vendors/recruiters and provides highly qualified individuals after securing a agreement based on your company job requirements.
Our typical Contingency Agreements are contracted at 25-30% fee based on the individuals starting salary, depending on the complexity of the assignment and offer a 30 day replacement guarantee.
Special Offerings
Inclusive in our Contingency and Contained Search offerings, ACTSearch also offers special arrangements for contract temporary and temporary to permanent hires. These arrangements are well suited to client companies who have an immediate hiring need but are not certain that they'll gain approval for a permanent requisition.
- The fee to ACTSearch will be based upon our permanent fee agreement (typically 25-30%). For the period of the contracted hire, ACTSearch will bill the client monthly.
- The amount is based on the agreed fee percent and billed contracted hours, as a percentage of contractors' hourly rate of pay.
- In the event the individual is hired into a permanent role with the client, ACTSearch will deduct the contracting fee amount and apply it to the permanent placement fee.
Contact us directly to discuss special needs or requirements that don't fit into one of the above service models and we'll see how we can help you grow.
Why clients and job seekers choose ACTSearch
"The technology sector continues to face significant challenges in securing key talent."
"Within these high growth market sectors, hiring becomes more dynamic as demand and competition for key talent increases.
"As these highly specialized engineers and technologists move onto more exciting opportunities, companies are left with vacancies and crippled productivity."
"The challenges of finding, enticing, and recruiting these precious gems become even greater as the world market becomes smaller and people begin to explore career opportunities abroad",
"This is where an experienced recruiting firm can be an invaluable asset to an organizations success, and this is where we excel." says John Kratz, President and founder of ACTSearch Inc.